Berkshire Hathawayn näkökulma S&P500 indeksin sisältämien osakkeiden hintoihin on, että ainoa järkevä ostos tällä hetkellä on heidän oma osakkeensa.
Berkshire's shares are down about 2% this year, trailing the benchmark S&P 500 index's 11% gain. The conglomerate's roughly $535 billion market capitalization outweighs its $419 billion in net assets at the end of September by about 28% — not far off the 1.2 multiple at which Buffett has promised in the past to be "aggressive" in buying back stock.
The billionaire investor's company repurchased about $16 billion of its shares in the first nine months of 2020, and appears to have bought back another $2.4 billion in October, based on its shrinking number of outstanding shares.
Buffett and his team are probably eager to deploy Berkshire's massive cash reserves, may be feeling more bullish after exercising caution for several months, and might not see many better investments than their own company's stock.
BRK.B osake kävi 200 USD pinnassa ja hetken hivenen sen allekin, mutta nyt se on palannut noin 227 USD tasolle. Siltikin se edelleen mielenkiintoinen ostos - varsinkin kun katsoo Osakkeen hinnoittelu-ketjussa olevaa viimeistä käyrää S&P500 arvostustasosta.